About the Opportunity:
Our client, a well-established commercial real estate services firm, is growing its third-party property accounting team and adding institutional clients. They are hiring a Senior Property Accountant to join a collaborative team of 9–12 accountants in Glen Allen, VA.For the first 90 days, this position will be fully onsite for training and onboarding, and will then move to 4 days onsite. Why This RoleGrowth: The firm is actively adding institutional clients, so you will work on larger, more complex portfolios.
Promotion from within: There is a clear ladder and a recent track record of people moving up it.
Real training: You spend your first 90 days onsite for hands-on training and mentorship, then move to work from home on Fridays.
Résumé value: You will get institutional exposure at a global brand.
Strong benefits: Robust benefits package, 401(k) match, annual bonus, and ESOP participation.
What You’ll Do:- Prepare monthly financial statements and supporting schedules for commercial and multifamily properties
- Complete monthly bank reconciliations, including master accounts, and research and resolve reconciling items
- Reconcile mortgage escrow accounts and balance sheet accounts
- Prepare journal entries, including accruals, depreciation, and amortization
- Record transactions from closing statements
- Calculate owner distributions and validate monthly management fee calculations
- Monitor cash flow and accounts payable
- Build and update short- and long-term cash forecasts to support liquidity analysis and distribution planning
- Support onboarding of new properties, including recording prior-manager activity and monitoring utility, mortgage, and other sensitive vendors
- Assist owners with year-end audit and tax reporting
- Respond to questions and information requests from owners and asset managers
- Partner with the property management and accounting teams, recommend process improvements, and support special projects
- Who Should ApplyWe welcome applicants from several backgrounds. If you have 3+ years of accounting experience and come from one of the following, we want to hear from you:
- Third-party property accountants at other full-service commercial real estate firms, especially those who support institutional or fund-owned portfolios
- Owner/operator and developer accountants with experience in straight-line rent, lease administration, and acquisitions accounting
- Public accounting professionals (senior associate level) with real estate audit experience, including straight-line rent, ASC 842, and purchase price allocation, who are ready to step away from busy season
- Fund and investment accountants who understand how property-level results roll up into funds and pension investors
- Corporate GAAP accountants outside real estate with strong ASC 842 experience at multi-site or lease-heavy companies, such as retail, distribution, or restaurant organizations
- Other Qualifications
- Bachelor’s degree in Accounting; CPA preferred 3+ years of accounting experience with strong GAAP reporting, bank reconciliations, and journal entries
- Advanced Excel skills and experience with financial planning or cash forecasting
- Ability to work independently and communicate clearly with owners and asset managersMRI or Yardi experience is a plus
